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Nov 1, 2012 5:00am EDT
say monday's superstorm on the east coast likely led to the loss of about 100,000 vehicles. dealers should be able to make that up this month. and sandy may have been very bad news for homeowners, but it's bringing some good news to the residential construction sector. "the new york times" reports construction companies will be getting a lot of business. flood waters are pumped out of the neighborhood, power lines are restored and roads are clear of debris. they'll also be able to hire lots of workers. many of whom have been idle due to the housing slump over the past five years. guys, it's interesting to note that lumber futures on the chicago mercantile exchange soared yesterday. the trade there is framing lumber used mainly in home construction. >> thank you. >>> sam's club is helping recharge those left in the dark by sandy, a total of 18 sam's clubs in five states including maryland are now open to members and nonmembers. the locations serving as power recharging stations, offering extra power outlets for free recharging of personal laptops, cell phones and ipads. the store wil
Nov 2, 2012 5:00am EDT
. >>> we're learning the dollar amount put on sandy is going up. we are live with that story and more news for your money. >> good morning, aaron. damage estimates from this week's superstorm are rising. equicat, a risk modeling firm say economic losses could total $30 billion to $50, versus initial estimates of $10 billion to $20 billion. this due so the flooding of subway systems and tunnels and loss of business due to the extensive power outages. equicat says new york state will bear a third of the cost. new jersey 30%, pennsylvania, 20%. and other states, 16%. the company says various forms of insurance should cover about $10 billion to $20 billion on the cost. and paypal is joining target, walmart and other big retailers offering to match any price. the payment service says if you buy anything for the holidays using paypal and see it for less elsewhere, paypal will reimburse the difference up to $1,000. this includes air travel. but, guys, a little work required. you must submit a refund form, or an original printed ad. back to you. >> thank you very much. >>> cleanup efforts are
Search Results 0 to 1 of about 2